Know Your Benefits of Being a Numismatic

There are many uses that can be obtained by pursuing the numismatic world (collection of historic currency). Start using psychologically to financial dividends. Interesting? What are the benefits of this unique hobby? First, to meet leisure time. By selecting, organizing, and arranging collections into albums, spare periods are not wasted.

Second, to teach discipline and perseverance. Choosing, organizing, and assembling collections should not be carried out carelessly. The more disciplined and diligent, the more solid a numismatic in collecting.

Third, to increase knowledge (education). Many numismatics view currency as a valuable source of information to witness the images / events implied in the collection.

Fourth, to establish friendships (communication). Often a numismatic gets a collection by exchanging techniques with or gifts from pen pals through correspondence work.

Fifth, to bring proposals (inspiration). Through charming images, for example, an author or painter can produce quality work.

Sixth, to get financial or learning (economic) benefits. For the future period, the funds that we save will increase in price.

As an investment

The benefits above will be fulfilled if we have a good collection. A good numismatic collection lies in the completeness, authenticity, and situation of the object. The more comprehensive a series of currencies, the more quality collections. Especially if it’s truly native and the conditions are the best. However, completing the material was immeasurably difficult.

Never mind numismatic juniors, all of the seniors also felt the challenge. No exception those who really are thick. After all, that’s the art of collecting, it’s hard but has added value.

As an investment object that will submit multiple profits is the least necessary for all numismatics. Especially for those who collect as collectors and traders, dealers or investors.

If it is truly pure numismatic, economic use is not so cared for. A numismatic feels good if you already have a collection of different types of collections and series. The advantages of new collections are marketed to purchase different collections that he does not yet have.

How much dividends will be earned by saving Indonesian money? Measuring the value and price of old money in Indonesia is not as easy as assessing the value or price that has just circulated in the community. On the new money the nominal value is clearly stated.

This situation is very contradictory if a currency is useful as a collection object in the numismatic world. The price offered by the merchant will be higher than the nominal value. For example, R A Kartini’s pictorial paper money (Rp. 10,000 / 1985), when this is in an Unc / unicirculated situation, it costs about Rp. 30,000. In order not to fall, we can see it in the books on the currency catalog which are currently found on the market.

On the international market alone the Indonesian currency supply price indicates an encouraging trend. The prices of these collections feel a significant increase from year to year, though not too high. The most valuable is “fantastic” are some of the emergency funds in the URIPS / ORIPS region (Money / Oeang of the Republic of Indonesia, Sumatra Province).

Other money is also expensive, especially those which are unique and rare. Numismatic collections can be “savings for the future” because the price is never dropped.

Pretty number

Beautiful, unique and special numbers are also known in the paper money collection. These things started to get all numismatic attention since a number of years ago. This is because the collection of currency is relatively static, in the sense that the currency does not come out throughout the year like a stamp.

So to get something new in the collection of money while increasing the collection treasury, collecting paper money with unique serial numbers is the main choice. The serial number is in the funds that are still in circulation or that have not circulated anymore.

In the US the numismatic world has progressed so much. So the collectors often chase dollars with a special serial number for a long time. They dare to buy the collection at high prices. In Indonesia the rupiah money is worth a number of times, depending on the situation and privileges of the money.
Just an illustration, the Rp. 100 paper bill that is still valid and serial number 000001 is offered equivalent to Rp. 10,000 per share. The Rp. 1,000 note is still valid and serial number 123456 is offered Rp. 40,000 per share. Prices will increase if the paper money is no longer circulating in the market.

Six digits

Rupiah money serial numbers often consist of three letters followed by six digits (digits). It is located in the lower left element (black) and top right (red) on the back side of a collection. Exclusive numbers in all numismatic collections in the outline are divided into six categories.

First, the same sequence of numbers, for example 111111, 222222, and so on. All twin numbers six are felt special.

Second, the first row of numbers, for example 000001, 000002, and so on. From these figures the most special one is 000001.

Third, a number followed by a series of 0, for example 100000, 200000, and so on. All numbers feel special. Fourth, sequential numbers of numbers, both rising and falling, for example 123456, 876543, and so on. All numbers are also felt special.

Fifth, a line of numbers that reminds you of certain events, for example 170845 (the day of the proclamation of independence), 281028 (youth oath day), our birthday, and so on. All numbers are considered interesting, although not too special.

Sixth, a row of numbers that are felt interesting for each individual, for example 101010, 200002, and so on. These figures are also considered not too special.

In addition, all numismatics often pay attention to the line of letters in front of the serial number. These three letters can be interpreted as an abbreviation of words, depending on our imagination. Those words are often popular in the community. For example ABG … (New Children), United Nations … (United Nations), JFK … (John F Kennedy), and so on. That abbreviation can also be your own name or our family.

We are most fortunate to have a collection that is lettered and has a unique serial number, for example HPK170845. This abbreviation can be imagined the Independence Proclamation Day 17-08-45.

In Jakarta it is not too difficult to explore this collection. Some numismatic / philatelic shops or stalls often market beautiful numbered collections. A number of numismatics sometimes release their collections which are double to be exchanged for different collections that they do not yet have.

Coin forms

So is numismatic only about the collection of paper money? Yes no. This hobby must include collecting money in coin format.Generally the metal money (coins) you know is now in the form of a circle.

However, coins have a variety of types and shapes. The first form is irregular shape. This kind of “coin” is known in pre-history to the beginning of human civilization, but not only made of metal. Materials that are relatively durative and difficult to obtain, are then used as a kind of exchange device. These primitive money, among others, are created from stone, metal, animal skin, animal bones, animal teeth, shells, and nuts.

In ancient times, the format and thickness of coins was not important. In not a few countries, coins in the form of “weird” are the concern of all numismatics.

Continues to grow

Age continues to grow, coins also have a standard size. After that various geometry formats are created. But which format was present at the earliest, is still the subject of research by all experts.

In as many countries as there are not a few square or quadrilateral coins found. In order to appear not rigid, indentations are created at each corner. In the 16th to 19th centuries, quadrilateral coins were known between the Moghul (Indian), German and Scandinavian Empires. In more modern times, such coins existed in Ceylon (Sri Lanka), Burma (Myanmar), the Philippines, Bangladesh, Poland and Colombia.

A rather unique form, in the form of a triangle, is known some time later. Such coins are rare because only a number of countries have legally issued them, between Gabon and the Cook Islands.

Coins that have few sides (polygons) are found in many parts of the world. It is thought that the oldest are from Augsburg (18th century, 8th side) The younger ones are from Belize (5-sided), Djibouti (6-sided), England (7-sided), Gibraltar, Falkland Islands, Barbados, and Tonga (side-8), Afghanistan, Colombia and Dominica (side-10), as well as Kep Cook, Australia, and Seychelles (side-12).

Illiterate

Another form is corrugated coins. The number of waves contained in the side of the coin, usually different. It is estimated that a corrugated coin was issued to overcome the illiterate population. By calculating the protrusion on its side, it is desirable that residents will be able to recognize each coin format. Some of the corrugated coins were issued by Asian and African countries, because indeed the level of illiteracy is not small in the two continents.

Until now a number of countries still issue corrugated coins, including Israel, Hong Kong, Sri Lanka and Kep Cook. Until this time the oldest corrugated coins came from the time of the Moghul Empire.

Different forms that are relatively rare are circles with holes in the middle element. The shape of the hole is also a circle, but smaller. Your country in freedom has issued this type of coin.

Uniquely, a number of coins have a rather large hole, so the coin format seems slim. In fact, as many coins have a quadrilateral shaped hole. This is different from the general prevalence. It is difficult to guarantee why the government of a country publishes hollow coins. It is suspected that this business is to counteract counterfeiting and basic material savings or minimize weight.

The numismatic world in Indonesia in sophisticated times still seems monotonous. From the past until now, the forms of coins issued were still in the form of circles. So there is no evolution of form. This contrasts with the philately world. At first the form of stamps was merely 4-fold. However, due to the pressure of the philatelists, the government had issued stamps in the form of triangles, rhombus, pentagons and circles.

Instead, publishing coins is also adjusted to market tastes. Numismatics want a very different coin format. Hopefully it can be done in the near future.